Thursday, February 18, 2010

True Health Care "Reform" Requires Free Market Solutions

By Dr. Gerard Francis Lameiro, Ph.D.

Health Care "Reform" continues high in the news this week with President Obama’s upcoming Health Care Summit. What’s important to realize is true health care reform requires free market solutions. More government controls, regulations, mandates, and subsidies will only create more inefficiencies, higher costs for health care, higher costs for health care insurance, lower incentives for medical innovations, lower quality, and eventually, rationing of health care services. Individuals will also find their economic and personal freedom restricted further. It’s true our health care system is broken and needs to be fixed. But, government is the problem, not the solution. Government tax policies as well as regulations and subsidies currently are blocking the health care market from functioning effectively. Giving consumers greater choices through competition (among both medical providers and health care insurers) will spur innovation, encourage price reductions, and improve the quality of health care. [more…]

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